U.S. BancorpUSBPR.PFD +0.19%75 Return-on-Tangible-Equity is 16.21% as of Mar. 2026, which is 6% below its 10-year median of 17.24. GuruFocus rates USBPR.PFD with a GF Score™ of 75/100. The stock has 7 warning signs investors should review. Among 1,522 Banks companies, U.S. Bancorp ranks better than 82.79% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. U.S. Bancorp's annualized net income for the quarter that ended in Mar. 2026 was $7,780.00 Mil. U.S. Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $48,008.00 Mil. Therefore, U.S. Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.21%.
The historical rank and industry rank for U.S. Bancorp's Return-on-Tangible-Equity or its related term are showing as below:
USBpR.PFD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.51 Med: 17.24 Max: 19.61
Current: 17.18
During the past 13 years, U.S. Bancorp's highest Return-on-Tangible-Equity was 19.61%. The lowest was 12.51%. And the median was 17.24%.
USBpR.PFD's Return-on-Tangible-Equity is ranked better than 82.79% of 1522
companies
in the Banks industry
Industry Median: 11.24
vs USBpR.PFD: 17.18
U.S. Bancorp (NYSE:USBpR.PFD) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
U.S. Bancorp Return-on-Tangible-Equity Related Terms
U.S. Bancorp Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for U.S. Bancorp's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
USBPR.PFD vs PNC, NU, TFC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, U.S. Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
U.S. Bancorp Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, U.S. Bancorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where U.S. Bancorp's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.21% mean?
U.S. Bancorp (USBPR.PFD) has a Return-on-Tangible-Equity of 16.21% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on U.S. Bancorp and its competitors. This is near median its historical median of 17.24. Over the past decade, U.S. Bancorp's Return-on-Tangible-Equity has ranged from 12.51 to 19.61. According to the industry distribution chart, U.S. Bancorp ranks #262 out of 1522 companies in the Banks industry, placing it in the top 17.2%.
Is U.S. Bancorp's Return-on-Tangible-Equity too high?
U.S. Bancorp's current Return-on-Tangible-Equity of 16.21% is near median its 10-year median of 17.24. Over the past 10 years, this metric has ranged from a low of 12.51 to a high of 19.61. The Banks industry median Return-on-Tangible-Equity is 11.24. U.S. Bancorp's value of 16.21% is 44.2% above this industry median. Based on the distribution chart, U.S. Bancorp ranks #262 out of 1522 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, U.S. Bancorp has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does U.S. Bancorp's Return-on-Tangible-Equity compare to PNC and NU?
According to the Banks industry distribution chart, U.S. Bancorp ranks #262 out of 1522 companies for Return-on-Tangible-Equity. This places U.S. Bancorp in the top 17% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.24. U.S. Bancorp's value of 16.21% is 44.2% above this benchmark. Historically, U.S. Bancorp's own Return-on-Tangible-Equity has ranged from 12.51 to 19.61 over the past decade. While the company's 10-year median is 17.24 vs. the industry median of 11.24, U.S. Bancorp has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.24, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. U.S. Bancorp's current Return-on-Tangible-Equity of 16.21% is 44.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on U.S. Bancorp and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. U.S. Bancorp's current Return-on-Tangible-Equity is 16.21%, which is near median its own 10-year median of 17.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is U.S. Bancorp stock overvalued right now?
U.S. Bancorp (USBPR.PFD) has a current Return-on-Tangible-Equity of 16.21%. The current Return-on-Tangible-Equity is 16.21%, which is near median its 10-year median of 17.24 and 44.2% above the Banks industry median of 11.24. U.S. Bancorp's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For U.S. Bancorp (USBPR.PFD), the current Return-on-Tangible-Equity is 16.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
With assets of around $700 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in Midwestern and Western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, wealth, and capital market services.
75GF Score
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